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The recent lineup of tweets on the official page of the Li Finance -Any-2-Any Swaps has buttressed the hitches experienced in its blockchain bridge leading to a loss of approximately 600,000 in dollars. Further details indicate the security breach occurred in the early hours of March 20, 2022, at
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The Australian Competition and Consumer Commission (ACCC), have reported defrauding media publications of cryptocurrency trades involving some notable Australian personalities. These publications were allegedly aired on Meta-owned Instagram and Facebook. The publications were aimed at promoting certain investment strategies alongside crypto. There were hyperlinks attached to redirect Meta users to
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Rare Bears, on Thursday, took to its Twitter social media platform to affirm the news of its recently compromised moderator's server that led to a phishing fraud of about $800k worth of NFTs. According to reports, cyberpunks sent across a spoofing link on the Rare Bear Discord platform,
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Chinese officials, in a recent publication, have announced the arrest of over ten alleged criminals believed to be the brains behind an Internet pyramid scheme. The suspects are understood to have deceitfully assured their victims of a high percentage of return earnings. The suspects are said to have defrauded people
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Yuga Labs, an announcement, has said they will be buying and adding two more NFTs to their collections. On the other hand, 1-inch Network has granted NFT access to its users. Yuga Labs’ Acquisition The past year has ushered in some popular non-fungible tokens with the acronym NFTs that have
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A member of the mid-western Minnesota state cross-party assembly, Tom Emmer, has sent a message to the head of the Securities and Exchange Commission (SEC), Gary Gensler. The message was aimed at informing Gensler of the challenges of excessive investigative actions in the cryptocurrency sector. According to him, there are
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Amid its military unrest with Russia, the president of Ukraine, Volodymyr Zelensky has formally signed a law “On Virtual Assets”. The signed bill, as confirmed by the Ministry of Digital Transformation, intends to form a basis on the country’s involvement in controlling the operations of crypto assets. This development
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Polygon has affirmed that the ephemeral stop by Binance exchange was to push through with certain synchronization and upgrades of nodes to achieve a more stable network with fewer bug effects. The world's most renowned cryptocurrency exchange in terms of its trade flows, Binance, disclosed that it would
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Blockchain security firm, Peckshield has announced an attack on Deus Finance, a decentralized finance (DeFi) protocol and over-the-counter (OTC) derivative platform. Publishing the report in a string of tweets, Peckshield said the hacker who exploited the (OTC) derivatives platform stole $3 million worth of DAI stablecoins and ETH. According to
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The prices of major cryptocurrencies are slightly up at the moment. At 12:45 pm, Bitcoin exchanged hands at $40,530, up by 4.76% in the last 24 hours. Other major altcoins such as Ripple’s XRP, Solana and Avalanche have slightly moved up by 2.25%, 5.41%
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The Financial Conduct Authority (FCA) has issued a stern warning to operators of non-registered Bitcoin ATMs in the United Kingdom. According to the U.K. financial watchdog, the operators of the ATMs would be contacted to affirm the notice to shut down the automated machines or face further actions. According
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Tether (USDT), the largest stablecoin based on market capitalization has crossed the $80 billion valuation. This comes after monthly statistics showed a 2% valuation increase this month. While the entire stablecoin economy now stands at over $187 billion as of March 15, 2022, Tether's valuation represents 42.78%